Well, it played out exactly as planned although I think that I closed the trade and took the profits pretty early at about 35 pips or so. Then again, I took a high risk trade at 5% of my total account value which was roughly at about 4 standard ...

EURUSD

Personally, I can only see this going short at the moment from this current retracement. It tested the coral line several times, but can't seem to get past it. Saying that, the bears haven't showed up either. I'm in a short position right now, so my ...

EURUSD

A retracement should occur sometime soon in order for the price to move further downwards. Looking for shorts when retracement occurs, if price action agrees. By the time, I'm trading/scalping off the M5 timeframe.

EURUSD

I personally feel that this is now a false bull move, perfect for the waiting London bears to come and pull it down when the London market opens. If it doesn't go as planned, then I'm out.

EURUSD

Took a +30 pip profit on my long trade. Now I'm in short with a retracement in mind, with a tight stop loss.

EURUSD

Yeah, I guess so. I'm more of a scalper, keep my stop losses tight, and let my winning trades run. So in the short term, that's what I will be looking for.

EURUSD

Here's a chart.

EURUSD

I'm new here, and still learning. I'm predicting that if price makes a clean break past 1.2575, we will see it testing yesterday's low again. If price makes a clean break past 1.2610, we should see a move up towards daily pivot level (1.2650). ...

EURUSD

That's what I thought. I'm short on AUD/USD, but the market bulls seem to be pretty stubborn at the moment.

Daily candle chart

Hey guys, I'm new to this forum. Where do you think AUD/USD is heading when the US market opens?

Daily candle chart

I have two short positions triggered. Hopefully it's not a false breakout.

EURUSD

It's trying to break clean past daily pivot right now. Hopefully this will be the sign of the bears to enter to push it to S1.

EURUSD

It's still continuing to hover over the daily pivot as well as the weekly S2. I still think it will go south. US has that Obama stimulus plan for motivation to continue its rise, while I don't see why the Euros will get that added boost to surge up. ...

EURUSD

We might still see a downward movement I think.

EURUSD

EUROPE WEAKENS In Europe, a sharper-than-expected fall in euro zone inflation to a 26-month low of 1.6 percent in December knocked back the euro and further supported expectations for a European Central Bank (ECB) rate cut next week. ECB rate-cut ...

EURUSD